SportsHandle and friends deliver another round-up of the week’s big developments in US sports betting.
Arizona Bill Would Legalize Tribal Sports Betting
A new Arizona Senate bill that would legalize tribal sports betting was introduced Wednesday, making Arizona the first state to consider legalizing tribal sports betting only. SB 1158 would amend current Arizona statutes to allow sports wagering at on-reservation casinos, as well as with kiosks at locations that have a bar, beer and wine, or private club license.
Full story here.
Virginia Lawmakers Putting Brakes On Legal Sports Betting?
At least three Virginia lawmakers want to make a move on sports betting during the 2019 General Assembly session. But there is a movement afoot to quash gaming efforts — sports betting and otherwise — by several key senators, and the governor.
In early January, Governor Ralph Northam included a line in his budget bill that would set aside $175,000 for a study on gambling initiatives. In particular, it appears that Northam is concerned about how expanding gambling in Virginia will affect the state lottery.
Full story here.
No, That’s Not A ‘Bad Beat’: Setting The Record Straight On Sports Betting Losses
The term “Bad Beat” has long been a common utterance among sports bettors. Now with sports betting conversations becoming more open, and less stigmatized around water coolers and in the media, the term has reached a larger audience. But what exactly is a sports betting bad beat?
Full story here.
The Inside Story Of The Largest Super Bowl Bet Ever Made (Part I)
Super Bowl time is here and many, many more Americans, thanks to legalized sports betting in new marketplaces such as New Jersey, will be able to legally bet on the game and all the hundreds of proposition wagers that go along with it. So, it’s the appropriate time to tell the inside story of the biggest Super Bowl bet ever made, who made it, how much money was at risk, and how it turned out.
Full story here.
Part II: Breaking Down The Largest Super Bowl Bet Ever Made (Part II)
Most of the nuts and bolts of betting on Super Bowl XXVI in 1992 are relatively simple. However, there’s a lot more to it — $10 million more. Early in the second quarter, the Washington Redskins steamrolled out to a 17–0 lead from which the Buffalo Bills would never recover. Washington’s defense sacked the Bills’ Jim Kelly four times and intercepted him four times. Redskins quarterback Mark Rypien completed 18 of 33 passes for 292 yards, two touchdowns and an interception, on the way to earning the Super Bowl MVP award.
Full story here.
